Exhibit 12.1

Standard Pacific Corp.

Ratio of Earnings to Fixed Charges and

Ratio of Earnings to Combined Fixed Charges and

Preferred Stock Dividends—Continuing Operations

(Dollars in thousands)

	Nine Months Ended September 30,					Year Ended December 31,
	2010		2009			2009			2008			2007			2006			2005
Income (loss) from continuing operations	$	10,133	$	(95,880	)	$	(13,217	)	$	(1,231,329	)	$	(695,290	)	$	146,093		$	439,950
Add:
Cash distributions of income from unconsolidated joint ventures		—		326			3,465			1,975			16,717			75,416			61,725
Provision (benefit) for income taxes		633		298			(96,265	)		(5,495	)		(149,003	)		82,930			269,528
Homebuilding interest amortized cost of sales and interest expense		78,388		94,989			134,188			93,551			120,596			86,698			63,088
Interest portion of rent expense		375		375			500			500			500			500			500
Less:
Income (loss) from unconsolidated joint ventures		1,141		(4,330	)		(4,598	)		(150,875	)		(188,975	)		(1,959	)		61,226
Earnings (loss):	$	88,388	$	4,438		$	33,269		$	(989,923	)	$	(517,505	)	$	393,596		$	773,565
Fixed charges:
Homebuilding interest incurred	$	82,030	$	81,410		$	107,976		$	137,398		$	138,595		$	148,355		$	96,184
Interest portion of rent expense		375		375			500			500			500			500			500
Fixed Charges	$	82,405	$	81,785		$	108,476			137,898		$	139,095		$	148,855		$	96,684
Ratio of Earnings to Fixed Charges (a)		1.1		0.1			0.3			(7.2	)		(3.7	)		2.6			8.0

(a) As there was no outstanding preferred stock with preference dividends during the periods in the table above, the ratio of earnings to fixed charges and earnings to combined fixed charges and preferred stock dividends are the same calculation.